TSX:NWH.DB.G - Post by User
Post by
SNAKEYBOYon Sep 23, 2023 10:12pm
226 Views
Post# 35651004
This week
This weekObviously it won't surprise me if this tanks but the savvy investor should realize the strategic review is still in progress and they only provided generic information about selling assets or portfolios. So long 1b or more transaction can happen it can address a huge chunk of high debt. Especially if done at a 5% cap rate.
Now if the strategic review ends up with no result. THAT will be ugly.
Is PDL going to hold having his equity being down 60% from book value? That's like 120m for him in the hole. I'm assuming he wants to get his money out at good price and move on now that he's no longer working at nwh